MicroStrategy Buys Another 27,200 BTC for $2B; Bitcoin Profits Sit at $11B

MicroStrategy acquires $2 billion more in Bitcoin, pushing total near $23 billion

MicroStrategy has acquired an additional 27,200 Bitcoin, spending $2 billion at an average price of $74,463 per coin. With a total of 279,420 Bitcoin in its treasury, the company has nearly doubled its initial investment of $11.9 billion.

MicroStrategy Buys $2 Billion More in Bitcoin, Pushing Total Near $23 Billion

MicroStrategy Inc. purchased about 27,200 Bitcoin for around $2.03 billion, in one of the largest acquisitions of the digital asset by the crypto hedge-fund proxy. The enterprise software maker, whose corporate strategy includes buying the cryptocurrency, bought the tokens between Oct. 31 and Nov. 10, according to a statement on Monday. The purchases were made using proceeds from the issuance and sale of stock.

MicroStrategy Inc. purchased about 27,200 Bitcoin for around $2.03 billion, in one of the largest acquisitions of the digital asset by the crypto hedge-fund proxy.The enterprise software maker, whose corporate strategy includes buying the cryptocurrency, bought the tokens between Oct. 31 and Nov. 10, according to a statement on Monday. The purchases were made using proceeds from the issuance and sale of stock. 

MicroStrategy Buys $2.03 Billion of Bitcoin in Latest Purchase

MicroStrategy announced that it had acquired 27,200 BTC for approximately $2.03 billion, with an average purchase price of $74,463. As of November 10, 2024, MicroStrategy holds 279,420 BTC, with a total acquisition cost of approximately $11.9 billion and an average purchase price of approximately $42,692 per coin. 

According to Wu, MicroStrategy announced the purchase of 27,200 BTC at a price of approximately $2.03 billion, with an average purchase price of $74,463. The BTC yield for this quarter is 7.3%, reaching 26.4% year-to-date. As of November 10, 2024, MicroStrategy holds 279,420 BTC, with a total acquisition cost of about $11.90 billion and an average purchase price of approximately $42,692 per BTC.

Wu learned that MicroStrategy announced the purchase of 27,200 BTC for approximately 2.03 billion USD, with an average purchase price of 74,463 USD. The BTC return this quarter was 7.3%, and year-to-date it has reached 26.4%. As of November 10, 2024, MicroStrategy holds 279,420 BTC, with a total acquisition cost of approximately 11.90 billion USD and an average purchase price of about 42,692 USD per coin.

MicroStrategy announced the purchase of 27,200 BTC for $2.03 billion.

JUST IN: MicroStrategy buys another 27,200 #Bitcoin ($2 billion).

Michael Saylor, the founder of MicroStrategy, stated on social media that MicroStrategy has increased its holdings by approximately 2.03 billion USD by acquiring 27,200 BTC.

According to Foresight News, MicroStrategy founder Michael Saylor posted on social media that MicroStrategy has increased its holdings by approximately $2.03 billion, acquiring 27,200 BTC.

MicroStrategy increased its holdings by approximately 2.03 billion USD, acquiring 27,200 BTC.

According to BlockBeats, on November 11, Michael Saylor, the founder of MicroStrategy, posted on social media that MicroStrategy has increased its holdings by purchasing 27,200 Bitcoins at an average price of approximately $74,463, with a total value of about $2.03 billion. As of November 10, 2024, MicroStrategy holds a total of 279,420 Bitcoins, with a total acquisition cost of approximately $11.90 billion and an average acquisition price of about $42,692.

According to BlockBeats, on November 11, MicroStrategy founder Michael Saylor announced on social media that MicroStrategy has increased its holdings by 27,200 bitcoins at an average price of approximately $74,463, for a total value of about $2.03 billion. As of November 10, 2024, MicroStrategy holds 279,420 bitcoins, with a total purchase cost of about $11.90 billion and an average purchase price of approximately $42,692.

MicroStrategy purchased 27,200 bitcoins between October 31 and November 10, at a cost of approximately 2.03 billion USD, with an average purchase price of about 74,463 USD per bitcoin. Currently, MicroStrategy's total holdings have reached 279,420 bitcoins, with a total acquisition cost of approximately 11.90 billion USD and an average price of about 42,692 USD per bitcoin. The funds for this purchase were sourced from the 2.03 billion USD raised through the company's ATM stock sales. MicroStrategy's year-to-date bitcoin yield (BTC Yield) is 26.4%, with a quarterly yield of 7.3%.

PANews, November 11 - According to a MicroStrategy announcement, the company purchased 27,200 bitcoins between October 31 and November 10, at a cost of approximately $2.03 billion, with an average purchase price of about $74,463 per bitcoin. Currently, MicroStrategy's total holdings have reached 279,420 bitcoins, with a total acquisition cost of approximately $11.90 billion and an average price of about $42,692 per bitcoin. The funds for this purchase were sourced from $2.03 billion raised through the company's ATM stock sale activities.

MicroStrategy's year-to-date Bitcoin yield stands at 26.4%, with a quarterly yield of 7.3%.

MicroStrategy raised $2.03 billion and acquired 27,200 Bitcoins.

Prominent Bitcoin development company MicroStrategy has added another 27,200 Bitcoins to its balance sheet, acquiring the cryptocurrency for approximately $2.03 billion at an average price of $74,463 per coin. This latest purchase brings MicroStrategy’s total Bitcoin holdings to 279,420 BTC, valued at $22.87 billion as of November 11th.

Prominent Bitcoin development company MicroStrategy has added another 27,200 Bitcoins to its balance sheet, acquiring the cryptocurrency for approximately $2.03 billion at an average price of $74,463 per coin. This latest purchase brings MicroStrategy’s total Bitcoin holdings to 279,420 BTC, valued at $22.87 billion as of November 11th.MicroStrategy’s founder, Michael Saylor, announced the news in atweet, stating that the company has achieved a Bitcoin yield of 7.3% quarter-to-date and 26.4% year-to-date on its holdings. Saylor further commented that MicroStrategy now “hodls” $11.9 billion worth of Bitcoin acquired at an average price of $42,692 per coin.This strategic move comes as Bitcoin (BTC) hits new milestones, briefly surpassing $82,000 on Monday, driven by growing optimism surrounding the digital asset, particularly following Donald Trump’s presidential election victory. MicroStrategy’s stock saw a significant boost, rising 10.78% in premarket trading on the Nasdaq in response to its latest Bitcoin acquisition announcement.According to data from SaylorTracker, this marks MicroStrategy’s 43rd Bitcoin acquisition since the company first began investing in the cryptocurrency in August 2020. The firm has spent $11.9 billion to amass its substantial Bitcoin treasury, which has generated over $10.7 billion in gains, a return of 107%.“I think SaylorTracker needs more green dots,”Saylorjoked, referring to the visual representation of MicroStrategy’s growing Bitcoin position.Notably, the Virginia-based firm remains the largest corporate holder of Bitcoin, surpassing other major investors like the Bitcoin miners Marathon Digital Holdings and Riot Blockchain. Recently, more private companies have also embraced Bitcoin as part of their portfolios, with firms like Metaplanet surpassing 500 BTC as of early October, further highlighting the growing institutional interest in the crypto asset.Notably, MicroStrategy’s BTC acquisition spree is part of the company’s broader “21/21 Plan” unveiled in its Q3 2024 financial results. The plan aims toraise $42 billionover the next three years through a combination of equity and debt to further expand the firm’s Bitcoin treasury.In Q3 2024, MicroStrategy reported a net loss of $340.2 million, driven primarily by $412.1 million in digital asset impairment charges. However, the company’s revenue of $116.1 million was only slightly below analyst expectations.That said, Michael Saylor, a vocal Bitcoin proponent, has repeatedlystatedhis intention to transform MicroStrategy into a “Bitcoin bank” with a market capitalization of $1 trillion. The company’s stock has already soared just over 500% in the past 12 months, far outpacing the 119.78% gain in the price of Bitcoin during the same period.

MicroStrategy Acquires $2 Billion Worth of Bitcoin, Bringing Total Holdings to $22.87 Billion

MicroStrategy’s latest announcement shows that its Bitcoin holdings have reached 279,420 BTC, worth almost $23 billion.

<img src='https://sosovalue.s3.us-west-2.amazonaws.com/sosovalue/web3image/24/11/11/6pyxtmvqoo52.png'/>MicroStrategy’s latest announcement shows that its Bitcoin holdings have reached 279,420 BTC, worth almost $23 billion.

MicroStrategy buys $2B in Bitcoin, boosts holdings to $23B

The company's bitcoin yield thus far this quarter is 7.4% and over 26% year-to-date.

MicroStrategy又以20亿美元购买了27,200个BTC；比特币的利润达到了110亿美元。

MicroStrategy再次购买了27,200个BTC，耗资20亿美元；比特币的利润达到了110亿美元。

MicroStrategy又以20億美元購買了27,200個BTC；比特幣的利潤達到了110億美元。